GREY:OLEPF - Post by User
Post by
upmarketson Dec 23, 2005 9:34pm
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Post# 10075768
trading
tradingI also just allow for a group of brokers and clients to be in on the activity
and that accounts at 5 - 7 houses would be involved ,
not just Chet's and associates.
Normal action.
( like Haywood with NTC and lots of trading volume over months)
I doubt any net insider distibution has started yet .
As of Dec22 ( Dec5th filing) at Canadian Insider there is no distribution indicated
( Chet looks like he transferred a 100k block at 80 to someone in Nov )
Likely a small gypsy swap prior to the recent pp in the 80's
Possibly you have better resources to track stock movement.
Is it 15 days now that insiders have to file( significant items) at SEDI ?
Although Pension ( in my mind QTrade) is not an underwriter? .
So could just be retail accounts at Pension/Qtrade not the main brokers
or possibly where a block of stock has been moved to
( associate accounts)
I would say the Pension trades are not dumping , just moving to other accounts
and keeping stock under 1.00 for December
Not really significant - just that we should see a move to 1.10 - 1.15 level soon
and then see what houses are involved.
Such a great stock structure.
Note that will take months to drill and assay the Senegal area
and the Argentina oil drilling is scheduled for Q1 to Q2
So this should climb steadily for 3 months
Today , sure felt like many jr resource stocks all primed for a January run
I nibbled on 6 or 7 bottom fish in last 4 weeks
( and feathered out a bit on a few winners )
Enjoy the Christmas season all.
U